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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $468
MLS Listing ID ML82035564
Sold Date 06/05/26
HOA Y/N No
Year Built 1962
Annual Tax Amount $24,616
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Property Description
Marcus & Millichap is pleased to present 545 Hampshire Avenue, a well-located four-unit apartment property in the heart of Redwood City on the highly sought-after Peninsula. The asset features an attractive unit mix of one two-bedroom/one-bath unit and three one-bedroom/one-bath units, appealing to a broad tenant base. Offered at one of the lowest price points for a fourplex in the Bay Area, the property provides an exceptional entry point for investors, with current income supporting a nearly 5% cap rate and the ability to secure attractive residential financing. Positioned in a prime, commuter-friendly location near major employers, transit, and downtown Redwood City amenities, 545 Hampshire Avenue presents a rare opportunity to acquire a stable Peninsula asset with strong long-term upside.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R300S3
Interior
Cooling None
Fireplace No
Exterior
Parking Features Covered
Carport Spaces 4
View Y/N No
Roof Type Shingle
Accessibility Parking
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 054246370
Financing Conventional
Special Listing Condition Standard
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Bought with Eddie Oberoi Intero Real Estate Services
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